Ronn Motor Group Inc (RONN)

[BefallenKnight]

Well done deflecting the discussion to ad hominem judgements instead of pointing out “success” of the company.

Here’s a nice anecdote for you;
In 2003 I was all over Yahoo message boards “pumping” AAPL. I told everyone to buy and would get into drawn out arguments with “bashers” who said the iPod was a fad or Apple would never make money off computers……but I rarely engaged in personal judgements against the naysayers. I would simply point to the revenues being generated, about new products Apple offered, about trends based on that info……

Unfortunately with RONN there is none of that….there are no revenues, or prototypes, or credible deals….there are only Letters of INTENT or Memorandums of UNDERSTANDING that do not equate to sales or any other metric of value.

To the contrary, there are numerous failures such as the Rana deal that turned out to be illegitimate or the Geneva Auto Show “meetings” that resulted in nothing except a comical tweet about a possible watch. There is rampant dilution, something the CEO said the company would stop doing. There are discussions of uplisting to the Nasdaq which is comical to anyone who understands the requirements for such action.

So keep pumping, keep your “faith” and keep calling me a basher if that makes you feel better but we both know the truth here. I hope you make a buck or two trading RONN but don’t get so attached to the company cause it’s merely a pump and dump